Reported 2 days ago
Sunrun Inc. (NASDAQ:RUN) saw a remarkable 28.67% increase in its stock price this week, closing at $9.38, up from $7.29 the previous week. This surge was driven by the company's strong first-quarter earnings, reporting a net income of $50 million compared to a loss of $87.8 million the same period last year, alongside a 10% increase in total revenues to $504 million. However, despite these positive results, the company maintained a cautious outlook for the remainder of the year due to potential challenges from tax policies and tariffs.
Source: YAHOO